Investment v costs
There are two ways to consider the effects or benefits of business and personal expenditure.
The payment of rates or utility costs are an essential part of our daily expenditure, but it would be difficult to view them as an investment.
Whereas the
Company accounts filing – don’t be late…
It’s the directors’ responsibility to file their company’s accounts, and make sure they’re filed on time. It’s important to understand your role and how late filing could affect your company.
Missing your filing deadline could affect your credit
Focus on bottom line
Most dictionaries define “bottom line” as “the most important thing to consider”.
In financial circles it’s taken to mean a focus on profitability (the last line on a P&L accounts) or net worth (the bottom line of your
Enterprise Investment Scheme investee businesses
The Enterprise Investment Scheme (EIS) is designed to help smaller higher-risk trading companies to raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies.
To claim investor EIS tax reliefs, the
What now, following the Autumn Statement
In some respects, the Chancellor’s predicament is deserving of a sympathetic ear; its as if he has a long journey ahead but has one foot firmly nailed to the floor.
Stagnant growth in the UK and global economy has driven up taxation in order to meet
Directors’ duties and responsibilities
To be a director, you must be over 16 and not currently disqualified.
As a director your responsibilities include:
filing your company’s annual accounts and reports or appoint an accountant to do it for you
reporting changes in you or your
£4.5bn for British manufacturing from 2025
The government has announced £4.5 billion in funding for British manufacturing to increase investment in eight sectors across the UK. The funding will be available from 2025 for five years, providing industry with longer term certainty about their
Why breakeven analysis can be illuminating
If you focus your energy on sales, there is a chance that your efforts will produce losses. Which is why we always encourage our business clients to keep their accounting records using software that automatically produces monthly management accounts
Back of an envelope
If you run a business and manage your planning by scribbling notes on the back of an envelope, you might be advised to read the contents of this article.
When the economy is vibrant, effectively when there are an abundance of buyers in your
Cash flow v supplier credit limits
In a recent article we explained how granting lengthy credit limits to customers was as good as letting them keep your money in their bank account.
In this post we describe the opposite situation, where you are granted longer terms to pay bills from